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Paul Cooke

paul.cooke@exprealty.com +1(706) 714-8553

$ 325,000

Est. payment -/mo

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New

219 Joseph E Lowery BLVD SW Atlanta, GA 30314

4 Beds

2 Baths

1,379 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Square Footage 1,379 sqft

Price per Sqft $235

Subdivision Ashview Heights

MLS Listing ID 10772654

Style Ranch

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1930

Annual Tax Amount $4,868

Tax Year 24

Lot Size 4,007 Sqft

Acres 0.092

Lot Dimensions 4007.52

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

Turnkey Student Housing Investment Opportunity in the Heart of Atlanta! Add an instant, reliable cash-flowing asset to your rental portfolio with this fully occupied 4-bedroom, 2-full-bath rooming house generating $3,200 per month in gross room rentals, plus an additional $50-$75 per month in coin-operated laundry revenue. Positioned for premium student housing, this income-producing property is located directly between Ashview Heights and the prestigious Atlanta University Center (AUC), offering unbeatable proximity to Clark Atlanta University, Morehouse College, Spelman College, and Morris Brown College. This low-maintenance, turnkey asset features a new roof installed within the last 2 years, durable central air and heat, a recently updated shared kitchen, and absolutely no carpet for seamless tenant turnarounds. The property conveys with all existing tenants on mostly highly flexible month-to-month agreements, and the owner bills back directly for water and electricity, protecting your net operating income (NOI). Please note that Room 4 with the private full bath is not pictured, and all marketing photos are from a prior 2024 marketing period when the rooms were professionally cleaned and turned over. Do not miss this rare opportunity to secure immediate, passive cash flow with a strong 2-year track record of averaging ~$800 per room in a high-growth Atlanta submarket!

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement Crawl Space, Exterior Entry

Interior

Interior Features High Ceilings, Master On Main Level, Roommate Plan

Heating Central

Cooling Central Air

Flooring Hardwood, Tile, Vinyl

Fireplace No

Appliance Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer

Laundry Common Area, In Hall

Exterior

Parking Features Attached, Parking Pad

Fence Back Yard

Community Features Near Public Transport, Walk To Schools, Near Shopping

Utilities Available Cable Available, Electricity Available, High Speed Internet, Sewer Connected, Water Available

View Y/N Yes

View City

Roof Type Composition

Garage Yes

Private Pool No

Building

Lot Description City Lot

Faces Use GPS

Sewer Public Sewer

Water Public

Architectural Style Ranch

Structure Type Concrete,Other

New Construction No

Schools

Elementary Schools Jones

Middle Schools Herman J Russell

High Schools Booker T Washington

Others

HOA Fee Include None

Tax ID 14 011600091241

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Resale

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(706) 714-8553

paul.cooke@exprealty.com

1461 Colliers Creek Rd, Watkinsville, GA, 30677, USA